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The Prime Times

News & Developments in International Health Insurance

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Nov 20, 2012

Pacific Prime sees more good news on Global Private Medical Insurance Inflation

AXA Winterthur in China and Healthcare International have recently released promising insurance increases for 2013. Both insurers published their premium rates for 2013, coming in at 10% and 9.5% respectively (this compares to a long term average of 11% globally and over 12% in China). Although at the higher end of a recent wave of rate revisions from leading players such as Bupa…

Nov 17, 2012

Now Health gaining traction with Pacific Prime across the Middle East and China.

After a cautious start, Pacific Prime , the world's leading distributor of International private health insurance, is beginning to work more closely with Now Health and has been impressed by the new organizations service and claims capabilities so far.

Now Health was launched in 2010 by a management team largely made up of former Goodhealth employees, notably the former Managing director…

Nov 15, 2012

Pacific Prime sees international private medical insurance inflation falling - AXA PPP numbers are good.

Pacific Prime has seen increasing signs of global medical insurance inflation falling in the high end sector, often called International Private Medical Insurance (iPMI). Rates of inflation have typically been running year on year at around 11% for the past 5 years. However, in recent months a number of key industry players have recorded inflation rates well below this level and with an annual increase…

Nov 14, 2012

Pacific Prime predicts little value for clients after Cigna re-brands Van Breda

Individual and SME Pacific Prime clients will see large annual increases in 2013 across the Cigna Global Expat plus plan, recently acquired from Van Breda and now undergoing a re-branding to the Cigna brand. While most international insurers have published annual increases well below the 5 year trend for 2012, (Allianz Worldwide Care, Bupa International, Aetna Global Benefits and AXA PPP) these…

Nov 07, 2012

Allianz Premium Increase under 5 year inflation Average

Pacific Prime is pleased to announce that, as of November 1st 2012, with average global increases of 10.8 percent over the past five years in the Private Medical Insurance sector, Allianz Worldwide Care individual plan premiums are set to increase by an average of just 5 percent worldwide.  Against a backdrop of rising inflation, Allianz is proving one of the better performers in the iPMI…

Costs of Vaccinations and Coverage in Singapore

Getting a vaccination in a country that is not your home is always going to be a slightly daunting concept. Fortunately, vaccinations are often included in most comprehensive insurance policies so you can focus on the health of your family.

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